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RE: SpkNetwork: Going To Lock Up Millions Of HIVE

in LeoFinance3 years ago

There will be a proof of brain token and community tokens to reward content consumers. Also holding a minimal amount of miners and storing ppls videos on ur local IPFS node (inbuilt into the desktop app) will earn u some rewards

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There will be a proof of brain token and community tokens to reward content consumers.

This is a major shift.

Reward people for consuming content. Like @brianoflondon's Value4Value but reversed. See if he can do that. Rewarded the users for each minute they watch a video.

Posted Using LeoFinance Beta

I know one project (I forget the name atm) but they are distributing a currency called watch time or something like that where creators are rewarded based on total view time. But rewarding viewers in this way is a great idea. There would need to be something backing the currency for this however; I.e. advertisers buy this token and are able to guarantee that these time viewed tokens translate into ads viewed that they are willing to hold the currency for, or that at a certain time viewed token the user unlocks and improved experience or privilege in the eco system

Well, like you say, there will have to be reasons to actually BUY the token. It's all well and good to give people rewards all over the place but there needs to be someone on the other end that has a reason to buy the ones people want to sell. Because they WILL want to sell them.

Posted Using LeoFinance Beta

For sure. We hope the community can help us come up with and build many sinks for these tokens. It maybe that the pob token for SPK will be tied to broca (gas / resource credits on SPK network some how) so that demand fit the pob grows as the network effect takes hold, but we have not fully thought about that yet

What about video creators, will they earn the token ?